Where should I move my market earnings to avoid any losses on the funds?
This question brings up a series of issues. Although it is not clear how much of the $1.4 million consists of gains on investment, there will be tax liability if there are gains when the holdings are sold. It would be nice to think that you could just move the stocks into a tax-deferred account such as a Traditional IRA, but that's not possible. The most you can contribute to an IRA this year is $5,500.
If you don't have gains, you could sell your holdings and move the funds into a money market account. That would protect you against losses, albeit with a small interest return. But that interest would be taxable. You could also consider a low-cost variable annuity such as that from Jefferson National. The advantages of the variable annuity would be tax deferral on income earned until the funds are withdrawn and a fee of only $20 a month, which would probably be less than the interest earned.
A more sophisticated, though rather complex, way of avoiding losses would be to buy protective puts against the holdings in your account. By doing so, the gains in the puts if and when the stocks moved lower would offset the losses from the holdings. This strategy should be discussed with your financial adviser.
I am increasingly concerned about the risk of market losses and agree that this is a time to spend more time thinking about how to protect than how to make more.
Good luck!
